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Abbreviation

Definition

1P

Proven reserves

2C

Contingent resources mid-case recoverable volume

2P

Proven plus probable reserves

3P

Proven, probable and possible reserves

Barrel

The standard of crude oil or other petroleum product contains 42 US

gallons, 35 Imperial gallons or 159 litres.

bbl

Barrel

Bcf

Billion cubic feet

BEA

Burj El Arab

Boe

Barrels of oil equivalent

boepd

Barrels oil equivalent per day

bopd

Barrels of oil per day

EGPC

Egyptian General Petroleum Corporation

ERQ

East Ras Qattara

G&A

General and Administrative

GCA

Gaffney, Cline & Associates

HSSE

Health, safety, sustainability and environment

KSF

Karim Small Fields

LTI

Lost Time In Incidents

MENA

Middle East and North Africa

mbbl

Million barrels

mmboe

Million barrels of oil equivalent

MMscf/d

Million metric standard cubic feet per day

Mscf

Thousand standard cubic feet

Q1

First Quarter

Q2

Second Quarter

Q3

Third Quarter

Q4

Fourth Quarter

scf

Standard cubic feet

US$

United States Dollars

WI

Working Interest: a company’s interest in a project before reduction for

royalties or production share owed to others under the applicable fiscal

terms

GLOSSARY